| Group 2 | 07/02/2003 | Cerro Porteño | - | Universidad Católica | 3:2 | ||||
| Group 2 | 06/03/2003 | Paysandu - PA | - | Cerro Porteño | 0:0 | ||||
| Group 2 | 12/03/2003 | Sporting Cristal | - | Cerro Porteño | 1:1 | ||||
| Group 2 | 18/03/2003 | Universidad Católica | - | Cerro Porteño | 2:1 |  |
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| Group 2 | 27/03/2003 | Cerro Porteño | - | Paysandu - PA | 2:6 | ||||
| Group 2 | 16/04/2003 | Cerro Porteño | - | Sporting Cristal | 1:0 | ||||
| Round of 16 | 23/04/2003 | Cerro Porteño | - | Independiente Medellín | 0:1 | ||||
| Round of 16 | 07/05/2003 | Independiente Medellín | - | Cerro Porteño | 4:2 pso |
Brazil